SpartanNash (NASDAQ:SPTN) Issues Earnings Results, Beats Estimates By $0.09 EPS

SpartanNash (NASDAQ:SPTN) issued its quarterly earnings data on Wednesday. The company reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.33 by $0.09, Zacks reports. SpartanNash had a return on equity of 8.57% and a net margin of 0.48%. During the same period last year, the business earned $0.35 earnings per share. SpartanNash updated its FY 2025 guidance to 1.600-1.850 EPS.

SpartanNash Stock Down 1.4 %

Shares of NASDAQ SPTN traded down $0.30 during midday trading on Friday, hitting $20.50. 48,918 shares of the company’s stock were exchanged, compared to its average volume of 258,241. The firm’s fifty day simple moving average is $18.54 and its 200-day simple moving average is $20.00. The company has a market cap of $692.08 million, a PE ratio of 15.36 and a beta of 0.34. SpartanNash has a twelve month low of $17.30 and a twelve month high of $23.00. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.62 and a quick ratio of 0.83.

SpartanNash Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 9th were given a dividend of $0.2175 per share. The ex-dividend date was Monday, December 9th. This represents a $0.87 annualized dividend and a dividend yield of 4.24%. SpartanNash’s dividend payout ratio is currently 65.41%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut SpartanNash from a “buy” rating to a “hold” rating in a research note on Thursday, January 30th.

SpartanNash Company Profile

SpartanNash Company distributes and retails grocery products in the United States of America. It operates through Wholesale and Retail segments. The Wholesale segment offers grocery products and perishable food products, including dry groceries, produce, dairy products, meat, delicatessen items, bakery goods, frozen food, seafood, floral products, general merchandise, beverages, tobacco products, health and beauty care, and pharmaceutical products to independent retailers, national accounts, food service distributors, e-commerce providers, and corporate owned retail stores.